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Investing
Pfizer’s stock sinks after company slashes $9 billion from outlook, foreshadows layoffs
Shares of Pfizer Inc. and other biotech drug makers fell in the extended session Friday after Pfizer slashed $9 billion in expected sales from its full-year…
Best Buy will soon stop selling DVDs
Grab physical DVDs while you still can.
Netflix mailed its last red-enveloped DVD last month. Now Best Buy will stop selling DVDs…
These 10 college athletes are making over $1 million a year from NIL
It now pays to be an amateur.The NCAA started allowing college athletes to make money from their name, image and likeness in 2021, after decades of student-athletes saying it…
Homes are expensive right now, but these mortgage bonds look cheap
U.S. homes may be wildly unaffordable for first-time buyers, but mortgage bonds backed by those same properties could be dirt cheap. Shocks from the Federal…
Why is movie candy sold in boxes?
Imagine you’re at the movies: The lights have dimmed, the previews are over, chatter dwindles to a hush. You take a sip of soda through a…
Israeli exec who hired Palestinians in tech boom still hopes for peace while mourning slain daughter
When Eyal Waldman thinks of his youngest daughter and her boyfriend, he sees them dancing. “Danielle and Noam loved dancing, and I hope they continue dancing…
U.S. import prices up 0.1% in September, much weaker than forecast
The numbers: The U.S. import price index rose 0.1% in September, the Labor Department said Friday. This is the third straight increase. The rise was much…
U.S. consumer sentiment drops sharply in October to lowest level since May
The numbers: The University of Michigan’s gauge of consumer sentiment fell to a preliminary October reading of 63 from 68.1 in the prior month. It is the…